Indiana Code 36-7.5-6-3. “Qualified property”
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Sec. 3. As used in this chapter, “qualified property” means commercial or residential real property, including a structure or building located on the real property, that:
(2) is:
(1) is the subject of an order for demolition and removal issued under IC 36-7-9-5(a)(6) or IC 36-7-9-5(a)(7);
Terms Used In Indiana Code 36-7.5-6-3
- blighted: means real property, including a building or structure on the real property, that is no longer in acceptable or beneficial condition to its community and has lost its value as a social good or economic commodity or its functional status as a livable space. See Indiana Code 36-7.5-6-1
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(A) vacant or abandoned;
(B) blighted; or
(C) otherwise structurally damaged; and
(3) poses a public health or safety risk in the community, including by contributing to crime.
As added by P.L.195-2023, SEC.6.